Home / News / Crops news / Higher corn, soybean markets Wednesday

Higher corn, soybean markets Wednesday

09/19/2012 @ 6:41am

The CME Group corn, soybean and wheat markets are poised to take back losses from earlier this week Wednesday. 

The Early Calls for the commodities on Wednesday, September 18, 2012, are higher. Corn is seen opening 9-11 cents higher, soybeans 22-25 cents higher, and wheat 15-17 cents higher.

In overnight trading, the Dec. corn futures contract traded 9 cents  higher at $7.49 per bushel. Nov. soybean futures traded 25 cents higher at $16.65 per bushel, and Dec. wheat traded17 cents higher at $8.80. For Dec. soybean meal futures, the contract traded $10.00 per short ton higher at $502.00. Dec. soybean oil futures traded $0.21 higher at $55.54.

The outside markets are unfavorable for Wednesday's grain trade. The real factors driving the calls will be the higher overnight markets.


Discuss the corn, soybean and wheat markets in Marketing Talk.


CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Weekly Market Wrap-up: Low Prices Cure Low… By: 07/25/2014 @ 12:16pm   RELATED VIDEO       Low prices, cure low prices…

Wheat Prices Turn Higher By: 07/25/2014 @ 8:45am DES MOINES, Iowa (Agriculture.com)--Even after big, fresh export sales announced, the CME…

Corn, Soybeans to Move Lower Friday By: 07/25/2014 @ 7:41am On Friday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Scott Shellady: Options 101